NORWAY GAS-Flows to Britain ease
* Exports to Europe total 315 mcm/day
* Flows to Britain fall by 5 mcm/day
* Maintenance to cut capacity in July
OSLO, July 3 (Reuters) - Norwegian pipeline gas exports to
Europe fell on Friday on lower deliveries to Britain, while
flows to continental Europe held steady, data from gas system
operator Gassco showed.
Pipeline gas supplies to Europe were running at 315 million
cubic metres per day (mcm/day) at around 1000 GMT, down 5 mcm
from volumes delivered on Thursday.
Norway's gas production capacity is expected to be reduced
due to a planned field maintenance by 51 mcm/day from July 4
until July 23.
While Gassco did not disclose the name of the field,
analysts at Thomson Reuters Point Carbon said the impact volume
indicated the maintenance would take place at the country's
biggest gas field, Troll.
The following table shows Norwegian gas pipeline flows
measured in mcm/day and changes from the previous session's
delivered volumes:
Destination Real time Pvs business Change
day (mcm)
Britain 84 89 -5
Germany & Netherlands 145 145 0
France 41 41 0
Belgium 45 45 0
Total (Swiss: FP.SW - news) 315 320 -5
NOTE (Stockholm: NOTE.ST - news) : Real-time gas export figures are based on gas fed into
the system at a certain time and calculated as a daily average.
Levels can vary throughout the day as producers adjust the
amount of gas they export, according to changing nominations, or
orders, from customers.
Volumes for the previous business day show delivered gas.
Following is a summary of spot price settlements at European
gas trading hubs:
Gas hub July 2 July 1
NBP (UK) 20.6/43.0 20.6/42.8
TTF (Netherlands) 20.9 20.8
NCG (Germany) 21.1 20.9
Gaspool (Germany) 21.1 20.9
Zeebrugge (Belgium) 21.1 20.6
Peg Nord (France) 20.7 20.9
Trading Region South 21.6 21.5
(France)
Oil-indexed prices* 20.87/26.56 20.87/26.56
NOTE: Prices are in euros per megawatt-hour (MWh), except for
NBP (euros/MWh & p/th).
* - The oil-indexed prices are in order: Point Carbon's best
estimate for Russian gas, including spot indexation and base
price discounts, and an estimate for Russian outright
oil-indexed gas.
(Reporting by Nerijus Adomaitis; Editing by Mark Potter)